Caglianone hitless in Royals debut, still has impact
There has been no shortage of excitement already this NHL offseason. Following the Florida Panthers‘ second consecutive Stanley Cup championship — and seemingly never-ending celebration — the annual period of roster modification has begun.
The 2025 NHL draft included 224 prospects finding new homes, and the weekend included trades for Noah Dobson, Charlie Coyle and John Gibson. On Monday, a slew of re-signings, and the trade of Mitch Marner, took several big names off the free agent big board.
Below you will find our continuously updated free agency tracker for 2025, featuring a list of every player signed, including average annual value of the contract in most cases. Analysis of the biggest deals can be found here.
Note that the newest deals are on top, denoted by date.
Draft recap: All 224 picks
Grades for all 32 teams
Winners and losers
July 3
The Hurricanes have signed the most coveted free agent left on the board; former Jet Nikolaj Ehlers is heading to Carolina via a six-year, $8.5 million AAV contract.
The Sharks are building an elite young core of skilled players, but the front office is also surrounding them with veterans to show the youngsters the ropes. That latter trend continued Thursday, with San Jose agreeing to terms on a two-year, $6.5 million AAV pact with defenseman Dmitry Orlov.
July 2
One of the most legendary old guys without a Stanley Cup, Brent Burns is joining the Avalanche on a one-year contract to try to fill that gap on his résumé.
Perhaps acknowledging that they will no longer be in the Nikolaj Ehlers business, the Jets added a seasoned middle-six winger instead in Gustav Nyquist, who is agreeing to a one-year, $3.25 million pact.
Defenseman Alexander Alexeyev has switched sides in the Capitals-Penguins rivalry! He’ll patrol the blue line in Pittsburgh next season, thanks to a one-year, $775,000 deal.
The Pius Suter Derby is over. The veteran forward will be plying his trade for the Blues, inking a two-year, $4 million AAV pact with the club.
The big addition for the Golden Knights this offseason was Mitch Marner, but they’re making depth moves too, including signing defenseman Kaedan Korczak to a four-year, $3.25 million AAV contract.
Winnipeg: Cold in the winter. Detroit: Slightly less cold in the winter. Mason Appleton is about to find out after signing a two-year, $2.9 million AAV contract.
The Devils saw enough out of Cody Glass during the 2024-25 season to re-sign him. His new deal is for two years, $2.5 million AAV.
Salmon Arm, British Columbia, native Curtis Lazar is headed back to Western Canada, agreeing to terms on a one-year, $775,000 contract with the Oilers.
Veteran winger Anthony Mantha has made the rounds in recent seasons, and his next NHL home is in Pittsburgh, inking a one-year, $2.5 million pact.
July 1
After a brief stint for an American-based team, Andrew Mangiapane is back in Western Canada, inking a two-year, $3.6 million AAV deal with the Oilers.
Forward Justin Brazeau has chosen the Penguins as his next NHL destination, inking a two-year, $1.5 million AAV contract.
The Devils continued adding to their forward depth, adding veteran scoring winger Evgenii Dadonov via a one-year, $1 million deal.
The July 1 goalie rush continues. The Mammoth are the latest team to make an addition in the crease, inking Stanley Cup champion Vitek Vanecek via a one-year, $1.5 million deal.
Offensive defenseman John Klingberg is headed to San Jose, agreeing to terms on a one-year, $4 million pact with the Sharks.
One of the top remaining free agents available, veteran forward Mikael Granlund has landed with the Ducks on a three-year deal.
Veteran bottom-six forward Lars Eller has chosen the Senators as his next team, agreeing to terms on a one-year, $1.25 million deal.
The Penguins have extended their business relationships with Philip Tomasino (one year, $1.75 million) and Connor Dewar (one year, $1.1 million).
As part of the effort to retake the title of Florida’s best hockey team, the Lightning have inked Pontus Holmberg to a two-year, $1.55 million AAV contract.
The Wild have added Nico Sturm. The former Panther has signed a two-year, $2 million AAV contract.
The Sabres have entered the chat! The club’s first big deal of the day is inking goaltender Alex Lyon to a two-year, $1.5 million AAV contract.
The Kraken add to their goaltending depth, adding former Stanley Cup winner Matt Murray on a one-year, $1 million contract.
The Islanders had themselves a great draft weekend, and they continue the momentum in free agency, adding veteran forward Jonathan Drouin on a two-year, $4 million AAV deal.
The Stars are on the board. Hours after announcing the official hiring of Glen Gulutzan as the club’s new head coach, the Stars have brought back forward Radek Faksa on a two-year, $3 million AAV contract.
Earlier on Tuesday the Kings lost defenseman Vladislav Gavrikov to the Rangers. To help fill that blue-line gap, they signed Cody Ceci (four years, $4.5 million AAV) and Brian Dumoulin (three years, $4 million AAV). They also signed goaltender Anton Forsberg for two years, $2.25 million AAV.
Defenseman Nick Perbix has thus far only known NHL life as a member of the Lightning. He’ll head to Nashville next, agreeing to a two-year, $2.75 million AAV deal with the Predators.
The Panthers have gone to the veteran defenseman well again, signing Jeff Petry to a one-year, $775,000 contract.
Fresh off a Stanley Cup with the Panthers, defenseman Nate Schmidt is joining the Mammoth by way of a three-year, $3.5 million AAV contract.
The NHL career of James van Riemsdyk will continue, as he has agreed to terms with the Red Wings on a one-year, $1 million deal. Separately, the Wings added Jacob Bernard-Docker on a one-year, $875,000 contract.
The Bruins add to their depth, agreeing to terms with Sean Kuraly on a two-year, $1.85 million AAV pact.
Another key member of the Panthers’ championship roster is returning. Veteran forward Tomas Nosek has agreed to a one-year deal.
After completing the 2024-25 season with the Jets, veteran forward Brandon Tanev is sticking in the Central Division, but heading to Utah by way of a three-year, $2.5 million AAV deal.
Take another goalie’s name off the big board! Kaapo Kahkonen has agreed to terms with the Canadiens on a one-year deal worth $1.15 million. In a separate deal, the club also signed forward Sammy Blais.
The winner of the 2020 Hobey Baker Award as the top player in NCAA men’s hockey, defenseman Scott Perunovich has signed a one-year deal with the Mammoth.
In need of some backup goaltending depth, the Islanders agreed to terms with “Big Save” Dave Rittich on a one-year deal.
Diminutive, versatile forward Kailer Yamamoto is the latest player added by the Mammoth, by way of a one-year, $775,000 pact.
Veteran center Nick Bjugstad has made his decision: He’s joining the Blues by way of a two-year contract.
Veteran defenseman Ryan Lindgren finished the 2024-25 season with the Avalanche, and he’ll head northwest for his next NHL home, agreeing to terms on a four-year, $4.5 million AAV contract.
The Senators haven’t been able to lure any new free agents to the club yet, but their re-signing game remains strong. After re-upping with Claude Giroux, the Sens also continued their business relationship with Nick Cousins via a one-year, $825,000 pact.
Sure to be a fan favorite in Beantown, veteran forward Tanner Jeannot has agreed to terms on a five-year contract with the Bruins, with a $3.4 million AAV.
A sixth-round pick in the 2016 draft, winger Michael Pezzetta is going from Montreal to Toronto via a two-year, $787,500 AAV contract.
Connor Brown impressed a lot of viewers with inspired play during the Oilers’ run to the Stanley Cup Final. Now, he’ll bring that energy to the Devils, who have signed him to a four-year, $3 million AAV contract.
The defenseman market is one key player smaller, as the Rangers have agreed to terms with Vladislav Gavrikov on a seven-year, $7 million AAV contract.
One of the top goaltending options available is off the board, with Dan Vladar joining the Flyers via a two-year, $3.35 million AAV contract.
Veteran feisty forward Corey Perry is switching sides in the Oilers-Kings rivalry, agreeing to terms on a one-year deal with salary and bonuses worth $3.5 million. Separately, the Kings also signed veteran forward Joel Armia to a two-year deal with a $2.5 million AAV.
One of the top available free agents has made a decision … and he’ll be re-signing. Brock Boeser is back with the Canucks by way of a seven-year, $7.3 million AAV contract.
Parker Kelly will continue his career with the Avalanche, agreeing to terms on a four-year contract with a $1.7 million AAV.
Veteran forward Colin Blackwell will be returning to the Stars, agreeing to terms on a two-year deal with a $775,000 AAV.
Christian Dvorak has moved on from the Canadiens, agreeing to a one-year, $5.4 million contract with the Flyers.
Noah Juulsen, welcome to Philly! The Flyers have inked the 28-year-old defenseman to a one-year, $900,000 deal.
Defenseman Ryan Johnson is sticking with the Sabres, agreeing to terms on a three-year deal with a $775,000 AAV.
The top-rated goaltender slated to hit free agency this offseason will not make it to market; Jake Allen is back with the Devils via a five-year contract with a $1.8 million AAV.
Veteran offensive defenseman Tony DeAngelo will be back with the Islanders for 2025-26, agreeing to terms on a one-year, $1.75 million contract.
June 30
The Red Wings will be continuing their relationship with veteran forward Patrick Kane, inking a one-year, $3 million extension.
The band is getting back together. After re-upping with Sam Bennett last week, the Panthers re-signed both Aaron Ekblad and Brad Marchand on Monday.
Rumors of a Mitch Marner trade popped up during draft weekend, and they came to fruition Monday, as the Maple Leafs inked Marner to an eight-year, $12 million average annual value extension, then traded him to the Golden Knights for Nicolas Roy.
The Oilers will not be allowing one of their promising young players to leave via offer sheet, as they signed restricted free agent defenseman Evan Bouchard to a four-year, $10.5 million AAV contract.
Veteran defenseman Ivan Provorov would have been one of the most sought-after blueliners on the free agent market. Instead, he’ll be back with the Blue Jackets for the foreseeable future, agreeing to a seven-year, $8.5 million AAV deal.
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